End of Year Trader Tax Tips

Recorded Nov. 14, 2012

Washington negotiates the Bush-era tax cuts going into year-end 2012. Wash-sale losses can be better than capital-loss carryovers. Convert wash sales to Section 475 ordinary losses on Jan. 1. Accelerate business expenses with trader tax status. Entities are better for business traders.

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(Deborah King CPA) Btw you are the best tax preparer I've worked with, far surpassing all the large firms that were assigned by banks and funds. Very thorough and patient!

WC

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